Dear Sir/Mam,
If we want to increase the limit of members in the Private Company from 50 to 200, our Company is registered under the Companies Act, 1956 . So, we have to alter the Articles of Association or not?
Thanking you,
Regards, Rachna Daga
RACHANA DAGA (CS) (555 Points)
11 April 2014Dear Sir/Mam,
If we want to increase the limit of members in the Private Company from 50 to 200, our Company is registered under the Companies Act, 1956 . So, we have to alter the Articles of Association or not?
Thanking you,
Regards, Rachna Daga
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 12 April 2014
Not necessary. Provisions of CA 2013 supersede provisions of Articles (Ref. Sec.6 of CA 2013).